As absurd as that may sound, some economic specialists are terrified at the possibility of the greatest economical superpower of the world, the United States of America, reaching double digits of unemployment rate. How can businesses overcome or at least delay this rise in unemployment?
I believe that as a country we should unite during this time of great crisis. Many people have lost their jobs while others are overwhelmed with the amount of work accumulated over them due to major lay-offs. My main suggestion to companies who are issuing major lay-offs is to reduce full time employee’s hours to part-time. This could decrease the amount of lay-offs by over 80% as well as decrease the state unemployment rate companies now have to pay due to these major layoffs.
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I was amazed when I saw Pres. Obama reading the numbers of unemployment on TV a few days ago 3.6 million americans lost their jobs in 2008; and 600 thousand alone in January 2009. This is madness!
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